In 2018 Pedro de Castro e Silva, administrator of the national bank of Angola, said new laws governing payment systems, including mobile payments, would be submitted to parliament for approval in 2019.

If approved and implemented, the regulations will open up Angola’s mobile money and digital payments markets to more participants.

Angola Telecom, Movicel and Unicel are among the mobile operators in Angola and these could easily expand into mobile money once the new regulations have been passed.